SWIR

[David Randolph]

Thanks for posting the news la-onda

I particularly enjoyed the website provided, www.businessonthego.ca, which explains very well why demand for SWIR's products is soaring.

I had to adjust my ascending trendline a bit, but I guess SWIR is now ready to have a white marubozu, now that the general market seems to have stabilized.

As with NVTL, analyst's expectations for 2008 aren't all that optimistic:



I think they will have to move their 2008 expectations up, as they've been doing in 2007. The company's business is just getting traction and I expect very strong growth in 2008 and 2009.

We'll see. I'll keep holding SWIR.

[David Randolph]

Nothing new for SWIR yesterday, the stock rose 2.2% but it seems there's still some more work to do before pushing higher. Anyway, I'll hold SWIR for the long term due to fundamental reasons.

[David Randolph]

SWIR continues to consolidate around current levels because the general market isn't letting it trend higher. Anyway, I believe we're close to the bottom in the general market and SWIR should move towards $30 by year's end.

I'll continue holding SWIR for the long term.

[David Randolph]

Unfortunately SWIR continues to head down and it fell 4.8% yesterday. As I've been writing, if it falls some more it will be like the surge in demand for its products never happened, like mobile internet never existed.

But it exists and SWIR's revenues grew from $107 M in 2005 to an estimated $417 M in 2007. And there are studies saying the mobile internet connection will keep growing 50% a year, on average, for the next 5 years and I share the same vision, don't you?

So there's no way SWIR is worth just $515 M.

The way irrationality is going in this market I would say it will go up as fast or even faster than it came down. I expect a massive blow of the all time high in the S&P 500 by year's end or beginning of 2008.

I'll continue holding SWIR for the the long term.

[la-onda]

I hate the market but I love SWIR

SWIR: JMP Sec Ups to Strong Buy from Mkt Outperform; Sets Tgt @ $32; Analyst Notes
Thursday , August 16, 2007 14:39ET
Issuer: Sierra Wireless, Incorporated (NasdaqNM: SWIR)
Analyst Firm:  JMP Securities
Ratings Action: UPGRADE
Current Rating: Strong Buy (from Mkt Outperform)
Target Price: $32.00
Analyst Comments: The firm is raising their rating on Sierra Wireless Strong Buy as Sierra prepares to capitalize on new opportunities at Verizon Wireless (VZ), increased marketing efforts from AT&T (T), solid summer vacation connectivity, and back to school and holiday demand trends. As the market for 3G data cards continues to accelerate and expand, they are maintaining a FY07 GAAP EPS estimate of $1.02 versus the consensus estimate of $1.00.

Nice chart action today imho
holding with you David

[David Randolph]

I hate the market but I love SWIR

SWIR: JMP Sec Ups to Strong Buy from Mkt Outperform; Sets Tgt @ $32; Analyst Notes
Thursday , August 16, 2007 14:39ET
Issuer: Sierra Wireless, Incorporated (NasdaqNM: SWIR)
Analyst Firm:  JMP Securities
Ratings Action: UPGRADE
Current Rating: Strong Buy (from Mkt Outperform)
Target Price: $32.00
Analyst Comments: The firm is raising their rating on Sierra Wireless Strong Buy as Sierra prepares to capitalize on new opportunities at Verizon Wireless (VZ), increased marketing efforts from AT&T (T), solid summer vacation connectivity, and back to school and holiday demand trends. As the market for 3G data cards continues to accelerate and expand, they are maintaining a FY07 GAAP EPS estimate of $1.02 versus the consensus estimate of $1.00.

Nice chart action today imho
holding with you David

Thanks for this la-onda, SWIR will probably have a nice run up today, with this recommendation and the FED just cutting rates

I'll hold SWIR.

[David Randolph]

JP Morgan says SWIR will be worth $32 twelve months from now, and I say why not? Fundamentals surely deserve that.

Some more good news out Friday before the open, further fueling the 9.5% jump SWIR had:

• Verizon Wireless Introduces The AirCard 595U USB Modem from Sierra Wireless
PR Newswire (Thu, Aug 16)

[David Randolph]

The slide la-onda posted in NVTL's thread can applies equally to SWIR:



53% CAGR in Cellular Wireless modems units between 2006 and 2012.

SWIR has been recovering some ground lately and I expect the stock to close 2007 around $30. 

[David Randolph]

SWIR has been quite strong lately, doing better than NVTL and better than the general market. Cool

I guess that JP Morgan upgrade and $32 price target gave people confidence in the stock. Or else it is correcting its relative discount when compared to NVTL.

I'll keep holding SWIR.

[David Randolph]

SWIR keeps trending higher, leaving several gaps open on the way up, but I don't mind that. The $32 price target given by JP Morgan is acting like a magnet and probably the stock will indeed close 2007 around that level. That's my expectation and I'll continue holding SWIR.

[la-onda]

 
Morgan Joseph & Co update:

Sierra Wireless "buy"
Monday, August 20, 2007 4:55:39 PM ET
Morgan Joseph & Co
NEW YORK, August 20 (newratings.com) - Analyst Kevin Dede of Morgan Joseph maintains his "buy" rating on Sierra Wireless Inc (SWIR.NAS). The target price is set to $30.

In a research note published this morning, the analyst mentions that the company has posted robust results for the June quarter, with sales and EPS significantly ahead of the estimates and the consensus. The sales of Sierra Wireless' devices during the quarter were boosted by the ease-of-use and convenience of the USB form factor, the analyst adds. The company's business going forward is likely to be driven by a continued improvement in the new AirLink acquisition and robust demand for the USB modems in the US, Morgan Joseph says.

holding SWIR & NVTL with strong hands 

[David Randolph]

In a research note published this morning, the analyst mentions that the company has posted robust results for the June quarter, with sales and EPS significantly ahead of the estimates and the consensus. The sales of Sierra Wireless' devices during the quarter were boosted by the ease-of-use and convenience of the USB form factor, the analyst adds. The company's business going forward is likely to be driven by a continued improvement in the new AirLink acquisition and robust demand for the USB modems in the US, Morgan Joseph says.

Another upgrade? Sounds great La-onda, thanks for posting.

I wonder if SWIR won't still go down to close the $19.13-$19.76 gap, but that doesn't bother me, for as long as I believe the stock will be at $30 plus by year's end.

The reasons for holding SWIR are basically the same as the ones for holding NVTL, mobile internet will substitute wired and wireless connections over the next few years and both companies will benefit substantially from this global trend. The companies' market is expected to increase at a 53% compound annual growth rate between 2006 and 2012 and there aren't many industries outthere with this kind of growth. Perhaps just the Wide Area File Sharing and Solar energy are in the same league.

I'll hold SWIR for the long term.

[la-onda]

just fyi:
SWIR: Short Interest DN 3.2% to 1.4M in Aug 2007
Friday , August 24, 2007 16:21ET

According to new short interest data from NASDAQ, short interest for Sierra Wireless, Incorporated (NasdaqNM: SWIR) DECREASED 3.2% to 1,380,335 shares for the month ended mid-August, 2007.

SYMBOL          JULY          AUGUST          CHANGE       %CHANGE      DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
SWIR           1,425,615       1,380,335         -45,280        -3.18%           2

Based on SWIR's 20-day average daily share volume of 1,368,080, it would require approximately 2 day(s) of buying to cover this short interest.

chart:

[Ramsburg]

Just a quick chart update for SWIR:
SWIR has another uncommon technical layout, which is normal taking in consideration past week's extreme market conditions.
We can consider the session of Aug/16th as a key reversal candle so far, an assumption supported by volume and positive reaction over the ema-200. SWIR is now trading near the ema-50, which is a technical reference ($22.55).

Portfolio Instructions:
Hold SWIR

Best regards,

[Ramsburg]

Chart Update:
SWIR remains trading near the EMA-50 inside a tight price range for the past four sessions.

Portfolio Instructions:
Hold SWIR

Regards,